Russia
- Containers
RUSCON expands operations in Rotterdam
RUSCON Group, one of Russian’s leading container transhipment companies, is expanding its operations in Rotterdam with the opening of Smartcontainer.…
Read More » - Europe
Russia closing Kerch Strait for six months
Russia’s Ministry of Defense has reportedly announced it will close the waters leading to the Kerch Strait, which connects the…
Read More » - Tankers
Government report suggests Russian crude output peaked in 2019
A draft document from the Russian Energy Ministry has been the subject of considerable comment in recent days with strong…
Read More » - Dry Cargo
Shake-up in the logs trade expected with new Russian export ban
The logs trade could be in for a big shake-up with a ban on Russian exports on the cards. Russia…
Read More » - Gas
Sovcomflot and Total seal long-term LNG carrier deal
Russia’s Sovcomflot (SCF) has sealed a seven-year time charter agreement with Total for a newbuild 174,000-cbm LNG carrier, with options…
Read More » - Operations
US to sanction Russian pipelay vessel involved at Nord Stream 2
The United States has informed Germany of its plan to impose sanctions on pipelay barge which is involved in the…
Read More » - Finance and Insurance
Sovcomflot, NYK and Samudera seal $155m refinancing of LNG carrier pair
Joint venture companies owned by Sovcomflot, NYK Line and Samudera have sealed a new eight-year $155m credit facility with MUFG…
Read More » - Gas
Sovcomflot seals deal for Arctic LNG carriers
Russian owner Sovcomflot (SCF) has signed 30-year time charter agreements for three icebreaking LNG carriers with Arctic LNG 2, the…
Read More » - Americas
Russian intelligence accused of bringing down Maersk’s IT infrastructure
Six Russian intelligence officers were charged by the US Justice Department with a string of hacking offences, including the NotPetya…
Read More » - Europe
Murmansk Shipping Company declared bankrupt
Murmansk Shipping Company has been officially declared bankrupt by a local arbitration court in Russia this week, bringing to a…
Read More » - Finance and Insurance
Tepid launch for Sovcomflot’s long-awaited IPO
Sovcomflot, Russia’s top shipping line, had a tepid launch yesterday on the Moscow Stock Exchange. The company’s shares fell after…
Read More » - Ports and Logistics
FESCO president attacked as Vladivostok port strike takes ugly turn
A strike at Vladivostok port has turned violent. Senior management of FESCO, the main shareholder in the Commercial Port of…
Read More » - Offshore
Polarcus stacks vessel redelivered by Sovcomflot
Dubai-headquartered seismic specialist Polarcus has taken redelivery of 2012-built survey vessel from Sovcomflot and immediate stacked the vessel, now renamed…
Read More » - Gas
Novatek secures FSU financing from Gazprombank
Russian gas producer Novatek has secured a loan of EUR522m with a period of 16 years from Gazprombank to finance…
Read More » - Offshore
GC Rieber icebreaker charter extended
GC Rieber Shipping has been awarded a two-year extension for the customised heavy icebreaker . The extension commences in September…
Read More » - Finance and Insurance
Sovcomflot closes in on $500m Moscow IPO
Sovocmflot, Russia’s largest shipowner, has floated the idea of listing on the Moscow Exchange again. The state-run company has long…
Read More » - Gas
Sovcomflot and Novatek seal order for 10 LNG carriers at Zvezda Shipyard
Smart LNG, the shipping joint venture between Russian companies Sovcomflot (SCF) and Novatek, has signed contracts with Zvezda Shipbuilding Complex…
Read More » - Europe
FESCO appoints new president
Russia’s Far Eastern Shipping Company (FESCO) has appointed Arkady Korostelev as the new president of the company, effective from September…
Read More » - Europe
Sovcomflot sells aframax tanker
Russian state-run shipping major Sovcomflot has sold its 2002-built aframax tanker to UAE-based Khor Al Zubair Shipping. Both Clarksons and…
Read More » - Europe
Identity revealed of DNV GL employee accused of spying for Russia
More details have emerged about the DNV GL employee detained in Oslo and accused of working with Russian intelligence services.…
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